MCMILLAN FAM FOUNDATION TR: Form 990PF, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: MCMILLAN FAM FOUNDATION TR (EIN 59-7240253)
Tax period: 2014-01-01 to 2014-12-31
Filed: 2015-08-17
IRS object ID: 201502299349101165
Schema version: 2014v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Other Decreases Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-08-17T13:16:39-07:00	ReturnTs
Tax Period End	2014-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	C Luther Pickels & Associates LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	825 E Dogwood St	AddressLine1Txt
City	Monticello	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32344	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2014-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	597240253	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	McMillan Family Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MCMI	BusinessNameControlTxt
Phone	8509971765	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	Post Office Box 68	AddressLine1Txt
City	Panacea	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32346	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JEAN MCMILLAN	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	8509971765	PhoneNum
Signature	2015-05-13	SignatureDt

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	C LUTHER PICKELS	PreparerPersonNm
Phone	8509970777	PhoneNum
Preparation	2015-08-17	PreparationDt

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$842,840	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$22,846	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$22,846	DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$22,846	TotalRevAndExpnssAmt
Total Net Invst Incm	$22,846	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$450	AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss	$563	TaxesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$1,013	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$56,850	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$56,850	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$57,863	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$56,850	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$35,017	ExcessRevenueOverExpensesAmt
Net Investment Income	$22,846	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$65,461	CashBOYAmt
Cash EOY	$89,123	CashEOYAmt
Cash EOYFMV	$89,123	CashEOYFMVAmt
Corporate Stock BOY	$800,747	CorporateStockBOYAmt
Corporate Stock EOY	$653,717	CorporateStockEOYAmt
Corporate Stock EOYFMV	$653,717	CorporateStockEOYFMVAmt
Land Bldg Investments BOY	$100,000	LandBldgInvestmentsBOYAmt
Land Bldg Investments EOY	$100,000	LandBldgInvestmentsEOYAmt
Land Bldg Investments EOYFMV	$100,000	LandBldgInvestmentsEOYFMVAmt
Total Assets BOY	$966,208	TotalAssetsBOYAmt
Total Assets EOY	$842,840	TotalAssetsEOYAmt
Total Assets EOYFMV	$842,840	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind
Unrestricted BOY	$866,208	UnrestrictedBOYAmt
Unrestricted EOY	$742,840	UnrestrictedEOYAmt
Temporarily Restricted BOY	$100,000	TemporarilyRestrictedBOYAmt
Temporarily Restricted EOY	$100,000	TemporarilyRestrictedEOYAmt
Tot Net Ast Or Fund Balances BOY	$966,208	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$842,840	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$966,208	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$842,840	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$966,208	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$35,017	ExcessRevenueOverExpensesAmt
Subtotal	$931,191	SubtotalAmt
Other Decreases	$88,351	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$842,840	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Field	Value	IRS element (for citing)
Property	BROKERAGE ACCOUNTS	PropertyDesc
How Acquired	P	HowAcquiredCd
Acquired	2013-01-01	AcquiredDt
Sold	2014-12-31	SoldDt
Gross Sales Price	$404,976	GrossSalesPriceAmt
Depreciation	$0	DepreciationAmt
Cost Or Other Basis	$419,319	CostOrOtherBasisAmt
Gain Or Loss	-$14,343	GainOrLossAmt
FMV As Of123169	$0	FMVAsOf123169Amt
Adjusted Basis As Of123169	$0	AdjustedBasisAsOf123169Amt
Excess FMV Over Adjusted Bss	$0	ExcessFMVOverAdjustedBssAmt
Gains Minus Excess Or Losses	-$14,343	GainsMinusExcessOrLossesAmt

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$14,343	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$30,000	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$754,017	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.039787	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$41,500	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$705,595	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.058816	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$41,728	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$776,728	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.053723	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$50,000	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$818,173	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.061112	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$33,600	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$610,700	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.055019	DistributionYr5Rt
Total Distribution	0.268457	TotalDistributionRt
Average Distribution	0.053691	AverageDistributionRt
Net Vl Noncharitable Assets	$837,250	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$44,953	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$228	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$45,181	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$56,850	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$228	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$228	SubtotalAmt
Tax Based On Investment Income	$228	TaxBasedOnInvestmentIncomeAmt
Original Return Tax Paid	$0	OriginalReturnTaxPaidAmt
Tax Due	$228	TaxDueAmt
Applied To ES Tax	$0	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	FL	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	false	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	JEAN MCMILLAN	IndividualWithBooksNm
Phone	8509845251	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 68	AddressLine1Txt
City	PANACEA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32346	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	false	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Maintained Expenditure Rspns	false	MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
FINLEY MCMILLAN
PO BOX 68	PANACEA	FL	32346	TRUSTEE/	2.00	$0	$0	$0
JEAN B MCMILLAN
PO BOX 68	PANACEA	FL	32346	TRUSTEE/	2.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$700,000	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$50,000	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$100,000	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$850,000	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$850,000	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$12,750	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$837,250	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$41,863	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$41,863	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$228	TaxBasedOnInvestmentIncomeAmt
Total Tax	$228	TotalTaxAmt
Distributable Before Adj	$41,635	DistributableBeforeAdjAmt
Distributable Before Ded	$41,635	DistributableBeforeDedAmt
Distributable As Adjusted	$41,635	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$56,850	ExpensesAndContributionsAmt
Qualifying Distributions	$56,850	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$228	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$56,622	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$41,635	DistributableAsAdjustedAmt
Undistributed Income PY	$7,701	UndistributedIncomePYAmt
Excess Distribution Cyov Yr5	$35,000	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr2	$6,220	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$41,220	TotalExcessDistributionCyovAmt
Qualifying Distributions	$56,850	QualifyingDistributionsAmt
Remaining Distri From Corpus	$56,850	RemainingDistriFromCorpusAmt
Total Corpus	$98,070	TotalCorpusAmt
Taxable2	$7,701	Taxable2Amt
Undistributed Income CY	$41,635	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$35,000	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$63,070	ExcessDistriCyovToNextYrAmt
Excess From Year2	$6,220	ExcessFromYear2Amt
Excess From Current Year	$56,850	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	FINLEY MCMILLAN	ContributingManagerNm
Contributing Manager	JEAN MCMILLAN	ContributingManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
LIGHTHOUSE CHILDRENS HOME
7771 MAHAN DRIVE	TALLAHASSEE	FL	32309	NONE	SUPPORT OF MINISTRY	$15,000
FRIENDSHIP PRIMITIVE BAPTIST CHURCH
GEN DELIVERY	PANACEA	FL	32346	NONE	SUPPORT OF MINISTRY	$5,350
FLORIDAS SH YOUTH RANCH
P O BOX 2000	BOYS RANCH	FL	32064	NONE	SUPPORT	$25,500
PROMISE LAND
10 CHURCH ROAD	CRAWFORDVILLE	FL	32327	NONE	SUPPORT	$10,000
FOOD CLOSET
6401 LYONS RD	COCONUT CREEK	FL	33073	NONE	SUPPORT	$500
UNITED DAUGHTERS OF THE CONFEDERANCY
328 N BLVD	RICHMOND	VA	23220	NONE	SUPPORT	$500
(no name)
						$0

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$56,850	TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	Unrealized loss	Desc
Amt	$88,351	Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	PROPERTY	CategoryTxt
Amt	$563	Amt

MCMILLAN FAM FOUNDATION TR: Form 990PF, tax year 2014

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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